Chapel Hill clothing store closes

Aug. 08, 2013 @ 12:59 PM

Chapel Hill Clothes Hound closed: Clothes Hound, the women’s clothing boutique that had store locations in Chapel Hill and in Raleigh, has filed for Chapter 7 bankruptcy, which means liquidation.
The Chapel Hill store on East Franklin Street has closed.
The company’s bankruptcy filing showed that the fashion company had assets of $10,823 and liabilities of $222,411.13.
It listed debts claimed by PNC Bank, New York-based On Deck Capital, $18,312.24 in past due sales taxes from N.C. Department of Revenue, American Express, Visa, Capital One, utility companies, as well as rent from the owners of the Chapel Hill and Raleigh spaces.
Last year, the company’s gross sales were $242,231. So far in 2013, the company’s gross sales were $105,544.26.

***

Carrboro’s Ba-Da Wings closed: The Ba-Da Wings location in Carrboro has closed at 302 E. Main St.
A location in Raleigh is still open, however. Mike McCoy, manager and owner of the Raleigh location, said his business is “fantastic” and he didn’t have details about why the Carrboro restaurant, which was under different ownership, closed.
“We’re just as surprised as anybody to hear that they had closed their doors up and really don’t know a whole lot of details as to what closed it,” he said.
McCoy said the restaurant had been in Carrboro or Chapel Hill for eight or nine years. He said it was originally located in the shopping center on Martin Luther King Jr. Parkway in Chapel Hill that houses Foster’s Market.
Laura Van Sant, a partner at Main Street Properties, the owner of the property that housed the Carrboro Ba-Da Wings on East Main Street, said there is some interest in the restaurant’s former space from other potential tenants.
“I don’t think their closure, to my knowledge, had anything to do with how many people were going to the restaurant,” she said.
Main Street Properties is also the developer of the 300 East Main Street development project in Carrboro whose first phase is slated to come online soon.
The first includes a parking deck and a new Hampton Inn & Suites hotel with restaurants and shops on the first floor.
Leases have been signed for the building’s first floor for a new meatball shop called the East Main Meatball Shoppe, an empanada and tequila eatery, a sports café called Hickory Tavern, and the gift store Cameron’s.
The shops and restaurants are expected to open after the hotel.
Manish Atma, president of Atma Hotel Group, the owner and operator of the hotel, said the hotel is expected to be open later this month. He said it is expected to be open by Aug. 23. The group owns and operates nine hotels in North Carolina.
“I think it’s a very attractive location for people to come and stay and enjoy the area,” Atma said of the new hotel’s location.

Have an item for The Buzz? Contact Laura Oleniacz at loleniacz@heraldsun.com, or at 919-419-6636.